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Are businesses ever concerned about the impacts of what they do on society or are they just interested in profits?
Wiki User
∙ 12y ago
Businesses who care only about profits are often called shareholder models and ones who care about their impacts are called stakeholder models. In general, it is necessary, at least to some level, for firms to be concerned with their effects on society to the extent that such effects will influence decisions to buy and/or support the firm.
Wiki User
∙ 12y ago
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What kind of organizations and businesses can you work for?
Any you like. Choose something that you are interested in rather than just aiming for profits!
Why do businesses compete in a free enterprise?
to gain profits
Why do businesses in a free enterprise system?
to gain profits
How were small businesses trusts treated unfairly?
They received few profits (novanet)
What is the Fundamental objective of most businesses?
survival profits and growth
Why do businesses compete in a free enterprise systems?
to gain profits
Who are the people interested in finding new business opportunities and new ways to make profits?
Entrepreneurs, were interested in finding new business oppertunities and new ways to make profits.
Why do businesses operate when not earning profits?
so that they can build up their systems so they earn more that then anables them to gain profits
How were businesses in trusts treated unfairly?
They received few profits (novanet)
What is the difference between earnings and profit?
Earnings include expenses, while profits are less expenses. Businesses try to maximize profits by reducing expenses, which is why some businesses charge more for the similar products.
Why do you prepare a profit and loss appropriation account?
profit & loss appropriation accounts are prepared after profits. Basic purpose is to show how the profits are distributed.NOT only profits but also concerned losses.
Would be most useful for figuring out how healthy a country's businesses are?
corprate profits
